Madison based startup Sologear has been acquired by BIC Corp (of Flick Your Bic). Sologear is the maker of the ethanol-based FlameDisk charcoal alternative used for grilling. FlameDisk was developed by Madison serial entrepreneur Chad Sorenson starting in 2005. It first debuted in 2008 and is available at many major retailers. The terms and acquisition price were not disclosed.
Chad Sorenson also recently received an Entrepreneurial Achievement Award from the University of Wisconsin in recognition of his significant impact as an entrepreneur.